Understanding the concept of owning Bitcoin or other cryptocurrencies can be a challenge in the beginning. These are purely digital assets and the ownership is defined by holding a secret — the private key — to access them. For most people, a hardware wallet is the best option.
More and more central banks are dealing with digital central bank currencies (CBDC) and the digitization of fiat currencies. The Central Bank of Australia (RBA) is also addressing this issue and is investigating the implications and effects of a CBDC.
Can you imagine receiving your wages in the form of Bitcoin or other cryptocurrencies? For many, this would be unimaginable, but a Japanese company from the eSports industry has now realized this idea.
If you are interested in the topic of crypto currencies, you will always come across a central question: How can you effectively protect your investments from scammers, hackers and losses?
